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Board Effectiveness Review

National Employment Savings Trust (NEST) Corporation

This public procurement record has 2 releases in its history.

Award

21 Jul 2026 at 09:16

UK7 - Contract Details Notice
Tender

27 Apr 2026 at 16:18

UK4 - Tender Notice
Summary of the contracting process

National Employment Savings Trust (NEST) Corporation commissioned a board effectiveness review and an assessment of its wider governance framework. The work covers the NEST Corporation Board, committees, panels, the NEST Invest Board and individual Board Members. It is a governance consultancy and performance review service, classified under CPV 79313000. The review is intended to examine how these bodies operate and to support recommendations for improving effectiveness across the organisation. The buyer is NEST Corporation, a central government public authority based in London. The appointed provider is Lintstock Limited, an SME governance consultancy also based in London. The requirement concerns advisory and review work for NEST’s governance arrangements rather than the delivery of physical goods, construction or operational services.

The procurement is complete and was run as a below-threshold open competition. NEST awarded the contract to Lintstock Limited on 13 July 2026, and the contract is active. The awarded contract value is £75,000 excluding VAT, or £90,000 including VAT. The contract period runs from 14 July 2026 to 14 January 2027, with an option to extend by up to six months for further nominal advisory work, potentially until 14 July 2027. The original tender had an estimated value of £80,000 excluding VAT and £100,000 including VAT. Enquiries closed on 8 May 2026 and tender submissions closed on 27 May 2026. Written responses were assessed on experience, methodology, case study, timing and resourcing, and cost; shortlisted suppliers then faced presentations and questions.

This award demonstrates demand from NEST for independent governance advice covering board effectiveness and complex, multi-layered governance arrangements. A credible future supplier would need evidence of effectiveness reviews for comparable organisations, experience with boards using alternative governance models in the UK and internationally, and the ability to deliver bespoke, agile reviews. Strong bidders would also bring a clear, adaptable methodology and tools, safeguards for objectivity, and the ability to make practical recommendations informed by leading governance frameworks worldwide. Relevant case studies, suitably experienced review personnel and a dependable delivery team would be important. Suppliers should be comfortable presenting their understanding of the brief, discussing recommendations with senior governance, legal and corporate secretariat stakeholders, and providing clear advice tailored to NEST’s governance structure.

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Notice Information

Notice Title

Board Effectiveness Review

Notice Description

Board effectiveness review of the Nest Corporation Board and the overall governance framework (comprising Committees, Panels, the Nest Invest Board and individual Board Members).

Lot Information

Lot 1

Renewal: There will be an additional 6-month extension to the contract should any further nominal advisory work be required, which will be taken up at the discretion of Nest and agreement by both parties.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-068bf9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/068505-2026
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
UK7 - Contract Details Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Below threshold - open competition
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79313000 - Performance review services

Notice Value(s)

Tender Value
£80,000 Under £100K
Lots Value
£80,000 Under £100K
Awards Value
Not specified
Contracts Value
£75,000 Under £100K

Notice Dates

Publication Date
21 Jul 20261 months ago
Submission Deadline
27 May 2026Expired
Future Notice Date
Not specified
Award Date
13 Jul 20261 months ago
Contract Period
14 Jul 2026 - 14 Jan 2027 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Complete
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
National Employment Savings Trust (NEST) Corporation
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
E14 4PU
Postcode Area
East London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
Not specified
Local Authority
Tower Hamlets
Electoral Ward
Canary Wharf
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

LINTSTOCK LIMITED

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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